Cost of Living in Cincinnati, Ohio

Cincinnati has a population of about 311,224. The median household income is $52,909, median gross rent is $1,001/month, and the median home value is $230,900. Below is how Cincinnati compares to the US.

Median Gross Rent $1,001/mo 40% below the national median

Median Home Value $230,900 38% below the national median

Median Household Income $52,909 37% below the national median

Population 311,224

Is Cincinnati expensive to live in?

Compared with the national median, rent in Cincinnati is 40% below the national median and home values are 38% below the national median. Household income here is 37% below the national median. Monthly rent represents roughly 23% of the median annual household income, a rough affordability signal for renters.

Frequently asked questions

What is the average rent in Cincinnati?

The median gross rent in Cincinnati, Ohio is $1,001 per month (US Census ACS).

What is the median home price in Cincinnati?

The median home value in Cincinnati is $230,900.

How much do people earn in Cincinnati?

The median household income in Cincinnati is $52,909 per year.

Data source: U.S. Census Bureau, 2024 American Community Survey (ACS) 5-Year Estimates. Last updated 2026-07-11.